Stephen D and Susan W Paine Foundation
The Stephen D and Susan W Paine Foundation is a private foundation based in Boston, Massachusetts, established in 1964. Also known as the Paine Charity Fund, the foundation supports general charitable purposes across multiple sectors and geographic regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$151K
-39.1% YoY
Annual Giving
$230K
+31.3% YoY
Grant Count
30
-3.2% YoY
Avg Grant Size
$8K
+35.7% YoY
Under IRS private-foundation payout rules, Stephen D and Susan W Paine Foundation reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation funds general charitable purposes with a primary focus on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation made 31 grants in 2024, with total giving of $229,600.
Grant Range
s:**
Grant Types
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Massachusetts, New York, and Iowa.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $151,359
- Total revenues: $142,592
- Total expenses: $239,878
- Investment income and dividends: $9,456
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $151,359 | $248,645 | $326,709 |
| Revenue | $142,592 | $111,949 | $18,530 |
| Expenses | $239,878 | $190,013 | $36,673 |
| Qualifying Distributions | $235,106 | $187,547 | $33,252 |
| Net Investment Income | $140,548 | $109,483 | $15,945 |
| Distributable Amount | $17,647 | $22,783 | $24,474 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
155 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boston Symphony Orchestra ($200,000), Boston Ballet ($5,000), Great Dixter Charitable Trust ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOSTON SYMPHONY ORCHESTRA BOSTON, MA | GENERAL CHARITABLE PURPOSES | $200,000 |
| BOSTON BALLET BOSTON, MA | GENERAL CHARITABLE PURPOSES | $5,000 |
| BRATTLE FILM FOUNDATION CAMBRIDGE, MA | GENERAL CHARITABLE PURPOSES | $500 |
| HISTORY CAMBRIDGE CAMBRIDGE, MA | GENERAL CHARITABLE PURPOSES | $250 |
| COTTING SCHOOL LEXINGTON, MA | GENERAL CHARITABLE PURPOSES | $500 |
| GREAT DIXTER CHARITABLE TRUST SUITE, NY | GENERAL CHARITABLE PURPOSES | $5,000 |
| MASSACHUSETTS HISTORICAL SOCIETY BOSTON, MA | GENERAL CHARITABLE PURPOSES | $500 |
| MASSART FOUNDATION BOSTON, MA | GENERAL CHARITABLE PURPOSES | $500 |
| PINE STREET INN BOSTON, MA | GENERAL CHARITABLE PURPOSES | $500 |
| SOCIETY OF SAINT JOHN CAMBRIDGE, MA | GENERAL CHARITABLE PURPOSES | $300 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN W PAINE | TRUSTEE | 1 | — |
| LISA N MINGOLLA | TRUSTEE | 1 | — |
| DEBORAH L ALLINSON | TRUSTEE | 1 | — |
Frequently Asked Questions
What does Stephen D and Susan W Paine Foundation fund?
The foundation funds general charitable purposes with a primary focus on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Stephen D and Susan W Paine Foundation?
**Grant Activity:** The foundation made 31 grants in 2024, with total giving of $229,600. **Grant Sizes:** • Typical awards range from $250 to $200,000 • Recent notable grants include $200,000 to the Boston Symphony Orchestra (2024) • Other 2024 grants include $2,500 to Vermont Center for Ecostudies and $1,000 to the American Academy of Arts and Sciences **Grant Types:** Grants are designated for general charitable purposes.
Where does Stephen D and Susan W Paine Foundation make grants?
The foundation primarily funds organizations in Massachusetts, New York, and Iowa.
What size grants does Stephen D and Susan W Paine Foundation award?
In 2024, Stephen D and Susan W Paine Foundation awarded 30 grants totaling $230K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Stephen D and Susan W Paine Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Stephen D and Susan W Paine Foundation reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Stephen D and Susan W Paine Foundation's EIN?
Stephen D and Susan W Paine Foundation's EIN (Employer Identification Number) is 04-6013050. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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